MetaTrader 4 and MetaTrader 5 are the most popular trading platforms. Most forex brokers offer them. However, there is another platform that seems to be off the radar. It is the cTrader platform.

It was developed by Spotware Systems in 2010 and is growing in popularity among traders. According to our research, we found that over 30+ CFD brokers support cTrader. Finding one all by yourself will take a lot of time.

In addition, you might find it challenging to find a broker that supports cTrader coupled with ideal trading conditions. So our team of experts has reviewed the best forex brokers that offer cTrader for you. In this guide, you will get all you need to know.

Here is a brief comparison of the cTrader brokers we have reviewed

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Comparison of Best cTrader Forex Brokers

Broker Top-tier Regulation cTrader Range of CFDs Visit
IC Markets

ASIC, CySEC
Yes
Forex, Commodities, Indices, Stock, Bonds, Futures
Visit Broker
Pepperstone

FCA, ASIC, CySEC
Yes
Forex, Indices, Commodities, Shares, ETFs, Currency Index
Visit Broker
Skilling

FCA (Temporary), CySEC
Yes
Forex, Shares, Indices, Commodities
Visit Broker
FxPro

FCA
Yes
Forex, Metals, Indices, Shares, Futures, Energies
Visit Broker

Warning: CFD Trading is risky. More than 70% of traders lose their money so trade with caution always.

Best cTrader Forex Brokers

Here the list of best cTrader forex brokers as per our research:

  1. IC Markets – Overall Best cTrader Broker
  2. Pepperstone – cTrader Broker with Education
  3. Skilling – Low Spread Broker with cTrader
  4. FxPro – NDD Broker with cTrader

#1 IC Markets – Overall Best cTrader Broker

EUR/USD Spread:
0.02 pips (Raw Account)
Other Trading Platforms:
MT4, MT5
Account Minimum:
£200

IC Markets are regulated with ASIC and CySEC. Their license number is 335692 and 362/18 respectively. Their temporary FCA permission as IC Markets (EU) Limited is currently ‘Applied to Cancel’. However, we consider them low risk because of their ASIC regulation.

IC Markets support the cTrader platform and offer good trading conditions for forex trading with their Raw and Standard Accounts. The spread for the Raw Account is ECN type, beginning from 0.0 pips.

If you choose cTrader with IC Markets, you can choose only the ‘Raw Account’. The Standard Account is not available on cTrader. This means you will have to pay a $6 round-turn commission per lot on your trades. You will also be able to access all CFDs (forex, commodities, indices, bonds, stocks, and futures).

Let’s go deeper into the platform itself. With IC Markets, the cTrader gives you access to extremely low speeds (e,g EUR/USD is 0.02 pips). There is also deep liquidity from multiple global banks. In addition, algorithm trading is available on their cTrader cAlgo (now cTrader Automate).

IC Markets cTrader has its servers in LD5 IBX Equinix Data Centre in London. This location is a financial ecosystem that allows quick execution of your trades with low latency. In addition, there are no trade restrictions. You can scalp and hedge your trades without extra charges. The fact that there is no dealing desk intervention also makes IC Markets cTrader a good choice.

You can read more on IC Markets trading condition & 9 other factors in our IC Markets review.

IC Markets Pros

  • Tier-1 regulation with ASIC
  • Fast execution
  • Low Spreads because of Raw Account
  • Convenient deposit and withdrawal methods
  • Scalping and hedging is allowed
  • IC Markets cTrader is available across multiple devices

IC Markets Cons

  • £200 minimum deposit
  • The Raw Account on cTrader is not commission free

#2 Pepperstone – cTrader Broker with Education

EUR/USD Spread:
0.17 (CFD Razor Account)
Other Trading Platforms:
MT4, MT5
Account Minimum:
£0

Pepperstone is a low-risk cTrader broker due to their FCA regulation. They are also regulated with top-tier regulator ASIC in Australia. Pepperstone’s cTrader is available on iOS, Android, and Windows. It is also available as Pepperstone’s web app.

Pepperstone offers good trading conditions as per our research. With their Razor, Spread Bet, and Standard Accounts, you have a flexible pricing system for your trades. Pepperstone does not enforce a minimum deposit for these accounts. However, they recommend an initial deposit of £500.

Once you open an account, you can trade the following CFDs: forex, shares, commodities, ETFs, and indices.

So why did Pepperstone cTrader make it to our list? First, the platform is easy to use and allows for customisation. It also mirrors the institutional trading environment. This means your price quotes will be institutional grade. You can customise and code in C# and open API with cTrader Automate. This function allows you to optimize expert advisors (EA) and trading robots.

Another reason Pepperstone cTrader stands out is because of certain features like the availability of education videos for your learning. The platform also gives a deep analysis of your trades. The analysis is helpful because it will highlight your trading strategy’s strengths and weaknesses. So you know the things to keep doing and the things to improve on.

The only downside with Pepperstone cTrader is that it is not available on Mac. If you use a Mac, you can access Pepperstone cTrader via their web app.

For more information on Pepperstone, read our well-researched Pepperstone review based on 10+ important factors.

Pepperstone Pros

  • Regulated with the FCA
  • No minimum deposit
  • You can scalp and hedge your trades
  • Pepperstone cTrader is good for beginners
  • Automated trading is supported
  • Trading behaviour analysis

Pepperstone Cons

  • Pepperstone cTrader is not available on Mac
  • There is a $6 round-turn commission for the Razor Account on cTrader.

#3 Skilling – Low Spread Broker with cTrader

EUR/USD Spread:
0.4 pips
Other Trading Platforms:
Skilling MT4, Skilling Copy, Skilling Trader
Account Minimum:
£100

Skilling is regulated in Europe with CySEC as Skilling Ltd. They operate a UK branch with temporary FCA permission. The reference number for the UK branch is 810951.

Accounts: Skilling offers four accounts – Standard, Premium, MT4, and MT4 Premium. Only the Standard and Premium Accounts are available on Skilling cTrader. This has some ramifications in terms of your trading conditions.

For example, the minimum deposit for the Standard Account is £100. If you want a Premium Account, you will be needing up to £5000. Also, there is no extra commission per lot on the Standard Account but the spreads begin from 0.7 pips. For the premium Account, commissions are charged but spreads are as low as 0.1 pips.

Why did we choose Skilling? We chose Skilling because they offer 900+ instruments on their cTrader. No commissions and the execution of trades is fast (0.05 seconds). The Skilling cTrader also has a feature that allows you to trade one account on two platforms. With this integration, you don’t have to open two different accounts.

Let’s go further. You can use algorithmic trading on Skilling cTrader. The programming is compatible with C# and .net. Finally, you can deposit and withdraw your funds easily via Skrill, Neteller, and credit/debit cards.

Skilling Pros

  • Regulated with CySEC
  • Low spreads on Standard and Premium Accounts
  • cTrader is available on multiple devices
  • Skilling cTrader supports automated trading
  • Average executuion speed of 0.05seconds

Skilling Cons

  • Temporary FCA regulation
  • Extra commission on the Premium Account
  • High minimum deposit on the Premium Account

#4 FxPro – NDD Broker with cTrader

EUR/USD Spread:
0.27 pips (On cTrader)
Other Trading Platforms:
MT4, MT5, FxPro Trading Platform
Account Minimum:
£100

FxPro is a regulated cTrader forex broker. They are regulated with the FCA as FxPro UK Limited so we consider them low risk.

Here are FxPro’s trading conditions briefly. Your minimum deposit is £100 and you will get to trade a good range of CFDs. They include forex, indices, shares, metals, and energies. FxPro operates a no-dealing desk model on the FxPro cTrader.

We choose FxPro because of their low spreads. The CFD broker offers different spreads on their trading platforms. The average spreads on FxPro cTrader are the lowest (e.g GBP/USD is 0.45 pips). On the desktop cTrader, you get a cTID (cTrader ID) that allows you to link multiple trading accounts to your cTrader. There is also the cTrader web platform for Mac users.

The FxPro cTrader is available on Android and iOS. As we reviewed this broker, we discovered that their cTrader also gives you access to services from Trading Central.

How do these services help you?

These services will improve your technical analysis. You will be able to spot price patterns quickly, time your entry/exit, and predict the direction of the market. All of this is possible without drawing any indicators or staring at the charts.

FxPro offers these services to their clients without extra costs. This makes FxPro cTrader more ideal for traders.

FxPro Pros

  • FxPro cTrader has low spreads
  • FCA Regulation
  • You can link multiple accounts to FxPro cTrader
  • Fast execution
  • Automated trading

FxPro Cons

  • Automated trading is not available on cTrader web platform
  • Extra commission per lot

What is cTrader?

cTrader was developed in 2010 by Spotware. Andrey Pavlov and Ilya Holeu are the brains behind the forex trading platform. They are also the founder of Spotware. cTrader is becoming popular with forex traders because it is easy to use. The intuitive platform has advanced charting tools, fast execution, and advanced order types.

Furthermore, cTrader is a multi-asset platform. You can trade CFDs and forex pairs on it. For these instruments, you will get a level II depth of market on cTrader. The platform also supports automated trading and the use of expert advisors.

There is also the cTrader copy. It is the copy trading arm of the trading platform. It is a flexible investment platform that allows you to copy other successful traders. It doesn’t end there. If you have a successful strategy, you can add it to the cTrader copy for other traders to copy too.

The strategies on cTrader copy are transparent and the fees system is not complicated. The fees are clearly defined.

How to Choose the Best cTrader Forex Broker in the UK

As our team reviewed each cTrader broker, we found crucial factors forex traders need to consider. Before going ahead to choose a cTrader broker, you should pay attention to these points. It is beneficial that you do your due diligence always.

Here are the factors you should consider

1. Regulation and Licenses: This point has to do with the safety of your funds. Your cTrader broker must be regulated with the Financial Conduct Authority (FCA). If they are not directly licensed with the FCA, they should at least have temporary permission (e.g Skilling). Only a regulated broker guarantees the safety of your funds

You can actually check if a broker is truly licensed with the FCA in two simple steps. You can go to the broker’s website and scroll down to the footnote. You will find three things there. Their FCA regulation statement, their registered company name, and their FCA registration number.

Here is an example with FxPro.

Forex Broker License

You can see in the red box that their registered name is FxPro UK Limited with registration number 509956.

The second step is to go to the FCA’s website to see if the registered name and registration number match. How do you go about this? First, go to the FCA website and scroll down to the search panel displayed below

FxPro cTrader Regulation

Enter the broker’s registered name (FxPro UK Limited) or the registration number. Select ‘firms’ and click on ‘search’.

The picture below is our search result for FxPro on the FCA’s website. You can see that the name and registration number match the ones on FxPro’s website.

CFD Broker FCA License

With these simple steps, you can verify your cTrader broker’s regulation.

2. Trading Fees: All cTrader brokers do not operate the same way. Some charge commissions, swaps, and spreads. Some charge only two out of the three. You should know how this works because it affects your final profit or loss.

Generally, most brokers fix the commission for cTrader at $3 per standard lot. However, spreads may differ. For example, Skilling offers a Standard Account on cTrader that has low spreads. Also, they offer a Premium Account on the same platform with higher spreads.

You should take your time to look through the broker’s account types and platforms. This info is usually there.

Let’s take a look at the screenshot below, which is from IC Market’s website, where they compare their account types. You will see that their first account type (from left), is cTrader based. They mention their commission per lot and the typical spreads.

CFD Broker Trading Costs

All other cTrader brokers will mention their fees with cTrader for different instruments. You should carefully compare them.

3. Range of CFDs: cTrader has advanced tools for trading. You will want to experience the power of these tools across different markets. This is why your cTrader forex broker should offer beyond forex pairs. Indices, shares, metals, and other commodities should be available.

Here is a picture of CFDs offered by FxPro (example broker):

Forex Broker CFD Instruments

4. Algorithm trading: cTrader Automate allows traders to develop their own trading robots. You can code in C#, API, or .net. You can also customise your indicators to suit your trading strategy. You should check if the broker you choose enables this on their cTrader.

It is usually stated on the broker’s websites when you click on ‘cTrader’. Here is how it looks with Pepperstone

Forex Broker Robots

5. Customer Support: It is essential that you are able to reach your cTrader broker. You must ensure their customer service is top quality. You can test this before signing up with the broker. Give them a phone call, send them a mail, and test their live chat. You will have a feel of how your experience will be should you become their client, it is important to check the experiences

6. User Online Review: Before choosing a cTrader broker, it is important to check what other traders think about the broker’s cTrader. Google Play and App Store are the places to look for these reviews. We checked the former.

This is how the brokers in this review compare.

cTrader Broker Number of Reviews Google Play Score
IC Markets cTrader 4000 4.3/5
Pepperstone cTrader 2000 4.5/5
Skilling cTrader 0 N/A
FxPro cTrader 2000 4.2/5

FAQs on Best cTrader Forex Brokers

Which brokers offer cTrader?

Over 30 brokers offer cTrader. The ones we have reviewed are the best in the UK with ideal trading conditions.

Is cTrader a good platform?

cTrader is an all-in-one platform. It supports manual trading and has market research. There is also an automated trading section where you can create algorithms with cBots. Copy trading is also available.

Can I use cTrader with any broker?

No, because not all brokers in the UK offer cTrader. And when you find one that does, make sure such a broker is reputable and licensed with the FCA.

Is cTrader better than MetaTrader?

The two platforms have key features that is good for traders. Though they differ in certain ways, it all depends on your preferences. To some extent, it depends on your broker too.

IC Markets is our #1 rated cTrader Forex BrokerVisit